Mortgage Trading Exchange is now available to all introducers in the UK following a roll-out of MTE stand-alone.
Every mortgage introducer will now be able to use the MTE regardless of what sourcing or
point of sale systems they are currently using.
Rather than using various lender websites, each of which work in different ways and may require different passwords, introducers can trade electronically and
manage the majority of their mortgage business on the MTE in a similar way.
MTE chief executive Mark Lofthouse says: “The main goal of the Mortgage Trading Exchange was to enable every mortgage introducer to electronically complete and transact mortgages with the majority of lenders in the UK. We are absolutely delighted that with the launch of MTE ‘standalone’ we
have been able to achieve this objective.”